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Glasgow Live
Glasgow Live
National
Levi Winchester & Dayna McAlpine

New student loan changes affecting everyone who is repaying one

The cap on interest rates for student loans is being cut to 6.3% from September.

It was due to rise to 7.3% after the Institute for Fiscal Studies (IFS) warned students could end up paying up to 12% interest.

READ MORE: What happens if you don't pay your energy bills as campaign rallies support

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